Al-Thawra: Investment project of Lebanese-Arab Insurance Company
Lebanon-Syria, Business, 6/9/2005

"The Syrian insurance law is characterized by clearness which is distinguished from other insurance laws of the Arab and foreign countries, the thing which help to attract more customers on the Syrian insurance market," Director General of the Arab-Lebanese Insurance Company owned by Awdeh Bank Salam Hanna said.

In a statement published Wednesday by 'al-Thawra' daily newspaper, Hanna added that the Arab-Lebanese Company has an investment plan at the Syrian insurance market through holding training sessions to the Syrian employees who are working in the company in Lebanon.

Hanna stressed that several Syrian businessmen will participate in establishing the insurance company which the Arab-Lebanese Company decided to launch, expressing hope that this company will be the first to work in Syria.

Awdeh Bank has recently got a license from the Syrian government to establish a private bank to join other private Banks working in the Syrian market.

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